November 23rd, 2018A joint study by Omidyar Network and Boston Consulting Group (BCG) has reported that digital lending to micro, small and medium enterprises (MSME) in India can grow upto 7 lakh crore by 2023, a 15x increase in annual disbursements.
“As of 2018, most of the credit demand for $600 billion is being met through informal sources,”...
January 25th, 2018Digital lending platform Neogrowth today said it has raised Rs 300 crore funding in a round led by Leapfrog Investments by selling an undisclosed stake. Existing investors including Aspada Investment Company and Quona Capital, through Accion Frontier Inclusion Fund, also participated in the round.
The company, founded in 2012, is...
